Key Takeaways:• US$880 million replacement bond proposed under Ethiopia’s revised Eurobond restructuring plan.• Ministry of Finance ended negotiations with Eurobond holders on 27 May …

• 96 product categories are targeted under Ethiopia’s import-substitution manufacturing agenda.• Prime Minister Abiy Ahmed announced legislation requiring banks to allocate more credit to …

• Br1. 1 trillion revenue collected by Ministry of Revenue in nine months.• Ministry of Revenue reported collections and flagged tax-to-GDP ratio gap.• Revenue …

• Three-year WTO programme covers 5 African countries through ePing SPS & TBT platform. • Standards and Trade Development Facility funds regulatory transparency programme …

Ministry of Finance maintains 150% export tax on raw hides and skins. Semi-processed hides face 10% export tax; finished leather exports taxed at 0%. …

Credit rating lowered: Fitch cut Afreximbank’s long-term rating to BB+ from BBB- (investment grade). Ratings withdrawn: Fitch has withdrawn future ratings and analytical coverage …